What Is an EFS Fuel Card?


Quick Answer

Businesses with transportation fleets provide their drivers with EFS fuel cards to purchase gas for work vehicles, as explained on the Electronic Funds Source website. EFS contracts with specific fuel companies to provide discounted prices to cardholders.

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Full Answer

EFS explains that its fuel card comes with a fuel reconciliation and optimization tool. This service provides carriers with an automated system that performs audits and reconciles fuel costs on a daily basis. The program also confirms employee purchases by verifying fuel prices and transactions.

EFS fuel card holders can also download a mobile application, according to EFS marketing material. This helps drivers identify the nearest EFS fuel providers and lists negotiated prices.

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